Globalization

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Lui Hebron and John F. Stack's Globalization demystities the rhetoric surrounding one of the most hotly debated topics among scholars, commentators, and policymakers. Presenting arguments for and against globalization, this brief text examines a wide range of views on the economic, political, cultural, and environmental dimensions of globalization and exposes their underlying frameworks, methodologies, and expectations. Throughout, Globalization compares rhetoric and reality and argues that there is no one way to understand this complex phenomenon.

Preface

p. ix

Acknowledgments

p. xv

Globalization in the Twenty-First Century

p. 1

Globalists and Antiglobalists

p. 1

Debating Globalization

p. 5

Whither Globalization?

p. 6

Globalization as a New World Shangri-La

p. 7

Globalization and a Brave New World Reprised

p. 8

Debating Globalization

p. 9

Globalization Is Good for the World

p. 9

Globalization Is an Unrealistic Hope

p. 9

Plan of the Book

p. 13

Key Terms

p. 14

Five Questions to Consider

p. 14

Further Readings

p. 15

Notes

p. 15

Conceptual Perspectives on Globalization

p. 18

Introduction: Untangling Globalization

p. 18

Economic Globalization

p. 20

Political Globalization

p. 22

Cultural Globalization

p. 24

Debating Globalization

p. 25

Why Measuring Globalization Matters

p. 25

Who Measures Globalization and Wny

p. 26

Conclusion: The Multidimensionality of Globalization

p. 27

Key Terms

p. 27

Five Questions to Consider

p. 27

Further Readings

p. 28

Notes

p. 28

Market Integration

p. 32

Introduction: The Logic of Global Economic Engagement

p. 32

Reality Check: Integration In Finance and Trade

p. 34

Debating Globalization

p. 36

Greater Economic Integration is Beneficial

p. 36

Global Economic Integration Is Illusory

p. 36

Debunking the Myths: Exclusion from the Club

p. 37

Conclusion: Incomplete Integration

p. 41

Key Terms

p. 42

Five Questions to Consider

p. 43

Further Readings

p. 43

Notes

p. 44

Growth and Development

p. 47

Introduction: The Neoliberal Promise and Hope

p. 47

Reality Check: Development, Growth, and Poverty Reduction

p. 48

Debating Globalization

p. 51

Globalization Promotes Development

p. 51

Globalization Destabilizes Economies

p. 52

Debunking the Myths: Why the Neoliberal Model Fails Poor States

p. 53

Promoting Inequality and Poverty

p. 54

States, Development, and Globalization

p. 56

The Problem of Failed and Failing States

p. 57

Conclusion: Making Globalization Work for All

p. 58

Key Terms

p. 59

Five Questions to Consider

p. 59

Further Readings

p. 60

Notes

p. 60

Democratization

p. 65

Introduction: Great Expectations or False Hopes?

p. 65

Reality Check: Marginalization, Fragmentation, Disintegration

p. 66

Marginalization

p. 67

Fragmentation

p. 67

Disintegration

p. 68

Debating Globalization

p. 69

Globalization Promotes Democracy

p. 69

Globalization Diminishes Democratic Governance

p. 70

Debunking the Myths: Self-Empowerment and Ngos

p. 72

Empowered Individuals and Groups

p. 72

Nongovernmental Organizations

p. 75

Conclusion: "Fragmengration"

p. 77

Key Terms

p. 79

Five Questions to Consider

p. 79

Further Readings

p. 79

Notes

p. 80

Sovereignty

p. 82

Introduction: Globalization and State Sovereignty

p. 82

Reality Check: Economic Sovereignty Redefined

p. 84

Debunking the Myths: The Age of Micro- and Macrogovernments

p. 86

Debating Globalization

p. 87

Regulation Needs to be Reasonable

p. 87

Globalization Needs a Regulatory Framework

p. 87

The Rise of Micro- and Macrogovernments

p. 89

Microgovernments: Devolution

p. 90

Macrogovernments: Regionalization

p. 92

Conclusion: The Future of the Nation-State

p. 93

Key Terms

p. 94

Five Questions to Consider

p. 94

Further Readings

p. 94

Notes

p. 95

Culture

p. 99

Introduction: The Backlash Against Cultural Globalization

p. 99

Globalization and Authenticity: What Price Harmony and Homogenization?